AirAsia X rights issue flies off the shelf

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AirAsia X rights issue flies off the shelf

malaysia_bridge_230px
Malaysia, Kuala Lumpur: Bridge of Petronas Towers | Taolmor/TMAX - Fotolia

Malaysia’s AirAsia X, the long-haul unit of budget carrier AirAsia, has wrapped up its MR391.1m ($105.3m) three-for-four rights issue with flying colours, as shareholders signed up for far more stock than was available.

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